Jameson has wanted to purchase an alarm system for his car for a couple of months and has been waiting for the right price.Last week,Jameson watched as the price for the alarm system he wanted shot up.The next month the price came back down.Jameson has just observed ____________________.
A) Price fixing
B) Price discrimination
C) Deceptive pricing
D) Bait & switch
E) Predatory pricing
Correct Answer:
Verified
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